Futsal Escola Sports Club

Analysis

Futsal Escola Sports Club is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Futsal Escola Sports Club reported income of $259k and spending of $287k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $330k to $259k (-21%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Futsal Escola Sports Club sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Bronxville Youth Hockey Association Inc ($259k), Redding Trail Alliance Inc ($259k) and Atherton Aquatics Foundation ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.